GXY 0.00% $5.28 galaxy resources limited

Galaxy and the next 5-10years, page-15

  1. 13,826 Posts.
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    Anything’s possible - remember our selling price for Mt Cat spod went from $542/t to $843/t in just 6 months back in 2017.
    Imo it is indeed very difficult to predict what will happen by the end of 2021 (another 18 months btw!), but it mainly simply depends on the supply-demand dynamic, and we know that covid has only served to accelerate recent expectations of demand for the next few years; so imo there could be a LOT more demand within 18 months and prices could indeed be a lot higher than they currently are.... yes, even with all producers turning the taps on all the way.
    Time flies; we’ll find out soon enough!

    Imo
    DYOR
 
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